504-506 Mockingbird Lane Denton, TX 76205
MULTI_FAMILY - Denton, TX
Property Features for 504-506 Mockingbird Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bathroom 5, Bathroom 6, Bedroom 8, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 7, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 2
- Parking
- 2
- Parking features
- Garage
- Interior features
- DecorativeDesignerLightingFixtures, KitchenIsland, OpenFloorplan, Pantry, WalkInClosets
- Exterior features
- Lighting, PrivateYard
- Fencing
- Fenced
- Appliances
- Dishwasher, ElectricRange, Disposal, Microwave
- Standard status
- Active
- APN
- 504-506 Mockingbird
- Lot size
- 0.16 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Laminate, Carpet
- Building materials
- Brick
- Roof type
- Composition
Listing agent Ben Caballero License #0096651 (469) 916-5470
Listing office HomesUSA.com Addison, TX (888) 872-6006
Listing date Jul 10, 2026
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Eagle Cove Duplex community is described as investor friendly. The offering includes a 10-year structural warranty with additional coverage for electrical and plumbing (2 years), along with a new appliance warranty (1 year) and a builder warranty. Reported taxes are 1.91% with no PID and no MUD, and an annual HOA of $600 is noted. The location is indicated as close to UNT and TWU, with 100 retail stores within 5 minutes, and travel distances provided to DFW Airport and downtown Dallas and Fort Worth.
Key Highlights
- Duplex under construction (built 2025) totaling 4,046 SF; each half is 2,023 SF
- Each unit offers 4 bedrooms and 2.5 bathrooms with a 1‑car garage and fenced‑in private backyard
- Open floorplan with kitchen island, pantry, and walk‑in closets
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $125.3k | $30.96 |
| − Vacancy | −$13.4k | −$3.31 |
| EGI | $111.9k | $27.65 |
| − OpEx | −$50.3k | −$12.44 |
| NOI | $61.5k | $15.21 |
